NATCHEZ, Miss. (AP) - The Natchez Board of Aldermen is considering in motion to put the $350,000 the city recently received from Magnolia Bluffs Casino in a certificate of deposit.

The Natchez Democrat reports (http://bit.ly/RFzn1e) Alderman Dan Dillard made a motion to put money into a short-term CD until the board could finalize a plan for the money.

The funds are the final payment of the casino's $1 million annual lease payment.

The board ultimately decided Tuesday to table the topic until a work session could be scheduled to discuss a plan for the casino money.

Dillard noted that the city has its first opportunity in a long time to set up a rainy day fund.

Information from: The Natchez Democrat, http://www.natchezdemocrat.com/

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.